12) Gadgets Company has two departments, X and Y. Manufacturing overhead is allo
ID: 2475866 • Letter: 1
Question
12) Gadgets Company has two departments, X and Y. Manufacturing overhead is allocated based on direct labor cost in Department X and direct labor hours in Department Y. The following additional information is available:
Actual data for completed Job No. 140 is as follows:
$23,700
a) Compute the predetermined manufacturing overhead rate for Department X.
b) Compute the predetermined manufacturing overhead rate for Department Y.
c) What is the total manufacturing overhead cost for Job No.140?
d) If Job No. 140 consists of 350 units of product, what is the average unit cost of this job?
Estimated Amounts Department X Department Y Direct labor cost $249,600 $427,500 Direct labor hours 24,960 45,000 Manufacturing Overhead Costs $312,000 $256,500Explanation / Answer
Estimated Amounts Department X Department Y Direct labor cost $249,600 $427,500 Direct labor hours 24,960 45,000 Manufacturing Overhead Costs $312,000 $256,500 a and b predetermined rate 125% $5.70 c manufacturing cost of Job 140 direct material X 23700 Y 48600 labor cost X 34400 Y 38800 overhead X 43000 Y $21,660.00 total cost 210160 d cost per unit 600.46
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